Key Market Sectors Remain Above Critical Support at 50-Week MA

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Stocks Analysis by Michele Schneider covering: US Small Cap 2000, iShares Biotechnology ETF, SPDR® S&P Regional Banking ETF, SPDR® S&P Retail ETF. Read Michele Schneider's latest article on Investing.com

Semiconductorsheld the critical support above the 200-WMA, but closed the week questionable on whether it can clear the 50-WMA-phase is cautionlook confused. After a 3-week run higher, they are closing lower for the 2nd week in a row. The phase is recuperation.This is why we will call for a lifeline from the Family’s relatives-long bonds and junk bonds to help us.If the Family is looking for reasons to raise a lot of cash, this is it.

After all, if I am going to follow anyone’s opinion, it will always only be the opinions that the Family offers. If they are confused, I lighten up.Scan QR code to install app Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

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5 Weekly Charts Suggesting Market Correction May Be EndingStocks Analysis by Michele Schneider covering: US Small Cap 2000, iShares Russell 2000 ETF, SPDR® S&P Retail ETF, iShares 20+ Year Treasury Bond ETF. Read Michele Schneider's latest article on Investing.com
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